Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Friday, February 06, 2015

Market Mantra
Nifty which opened at 8696.85 recovered during the day and touched 8726.20 intra-day. However, selling again started which dragged it down. Nifty is now trading at 8697.20 down marginally by 14.50 points. The Nifty is expected to trade in a narrow range in absense of any major clues, till the budget. 
However, there are high chances of seeing a recovery in the broader market at the end of the day, as there is lot of value in many of the beaten down mid and small-cap counters. The investors are suggested to look into Bank and Real Estate sectors, because the RBI has given a clear indication as where the interest rates are going, in future.
Today's Call: Buy UCO Bank Ltd at Rs.70.50, for a short term target of Rs.75. Keep a SL of Rs.66, for any short term trade. The came out with satisfactory set of numbers for the Q3FY15.
India Ratings (Ind-Ra) expects a sharp increase in demand for Tier 1 capital from 2015 towards the Basel III - the new capital norms for banks, a sector report released by the ratings firm said. It estimates a capital requirement of Rs.5,30,000 crore till FY'19 for all banks "Capital will be the key differentiator in 2015.". Midsized PSBs would be under pressure to consolidate their growth and focus on profitability. It further said, "Government's commitment towards their equity requirement would be a key rating driver." The Ind-Ra expects the GOI, to pump in Rs. 20,000 crore equity capital support for Public sector banks.
Today, the Premium (Paid) members were asked to the blue chip real estate firm, Unitech Ltd (Rs.16.95) at around Rs.16.70. The stock then moved to Rs.17.30. Unitech Ltd is a big name in the real estate space. Now when the RBI has given a clear direction as to, where the interest rates are going, one should buy such stocks and keep holding. 
Yesterday, Rohit Ferro Tech Ltd (Rs.8.70) moved up to above Rs.9.50, today it is another steel counter, Bhusan Steel Ltd (Rs.93). It is now a foregone conclusion that the government is bringing in a slew of measures to safeguard the  domestic steel sector. Hence, the price of steel stocks are likely to move up in the coming days. 
C Mahendra Exports Ltd (Rs.13) is a high risk, high gain counter. Those who have risk-appetite, should buy the stock and keep holding for some decent gains in the coming days. 
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